barriers

Gold Tokens Reach Milestone Market Cap; Does This Pose a Threat to Bitcoin?

Source Node: https://bitcoinist.com/gold-tokens-reach-milestone-market-cap-does-this-pose-a-threat-to-bitcoin/?utm_source=rss&utm_medium=rss&utm_campaign=gold-tokens-reach-milestone-market-cap-does-this-pose-a-threat-to-bitcoin
Time Stamp: August 12, 2020 11:00 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin and gold have been rising in tandem, as the dollar has been falling. It has also driven the growth of the market cap of digital gold tokens, backed by the precious metal commodity, to record highs. What exactly has caused this rapid growth in market cap, and does this pose any threat against Bitcoin? Market Cap of Commodity-Backed Gold Tokens Soars 1000% In 2020 Bitcoin and gold share several key similarities, such as supply scarcity. Bitcoin’s benefits soon begin to outweigh the precious metal, especially in terms of storage

Casa Launches In-Wallet Purchasing

Source Node: https://bitcoinmagazine.com/articles/casa-launches-in-wallet-purchasing?utm_source=rss&utm_medium=rss&utm_campaign=casa-launches-in-wallet-purchasing
Time Stamp: August 6, 2020 2:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin custody solution provider Casa has announced today that it is offering in-wallet bitcoin purchases, allowing Casa App users to forgo exchanges when they add to their HODLings.  In a release shared with Bitcoin Magazine, Casa explained that users can make these purchases using Apple Pay or debit cards, which connect them to retail exchanges through a secure API provided by Wyre. Wyre offers similar services to other projects in the space, such as DropBit. Casa, which positions itself as a particularly security-conscious provider of private key management, noted that

150-Year-Old Chinese Gas Company Ramps Up Blockchain Adoption

Source Node: https://cointelegraph.com/news/150-year-old-chinese-gas-company-ramps-up-blockchain-adoption
Time Stamp: April 3, 2020 2:01 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Chinese energy company, Shanghai Gas, announced an expansion of its blockchain efforts following a successful trial partnership with supply chain management blockchain firm, VeChain (VET), on March 31.Shanghai Gas, founded in 1865, is owned by utility services company, Shenergy Group — which claims to occupy more than 90% of Shanghai’s gas market. The firm has an annual supply of over 8 billion cubic meters.Shanghai Gas expands blockchain adoptionShanghai Gas’ trial used distributed ledger technology, or DLT, provided by VeChain to comprehensively monitor its supply chain and identify opportunities for efficiency

How the Pressures of the Coronavirus May Open the Door for Tokenization

Source Node: https://cointelegraph.com/news/how-the-pressures-of-the-coronavirus-may-open-the-door-for-tokenization
Time Stamp: April 2, 2020 2:16 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

The coronavirus pandemic is the only thing on most people’s minds right now around the world.The pending economic fallout is only surpassed by the anxiety induced by surging cases in both the United States and Europe. People remain firmly in quarantine around the world, and consumer demand has fallen off a cliff as people are holed up with only basic necessities.Paired with the awful Purchasing Managers’ Index numbers published by the National Bureau of Statistics and the China Federation of Logistics and Purchasing, as well asearly U.S. indicators, we’re about

Cardano’s Byron Reboot Goes Live, Paving Way to Shelley Mainnet

Source Node: https://cointelegraph.com/news/cardanos-byron-reboot-goes-live-paving-way-to-shelley-mainnet
Time Stamp: April 1, 2020 8:17 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Proof-of-stake (PoS) blockchain Cardano (ADA) went live with its Byron reboot yesterday, March 30, as the project prepares its transition to the Shelley mainnet.Announced by Cardano’s developer, the peer-to-peer technology firm Input Output Hong Kong (IOHK), the reboot involves a series of updates to major components of the Cardano network — the Cardano node, explorer, and Daedalus wallet backend, which is being spun out as a new version, Daedalus Flight.A process, not an eventIn an outline of the reboot’s significance, which has taken 18 months to complete, IOHK explained that